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The Problem of Sudden Stoppage While Driving Makes Toyota Recall 2.4 Million Prius Hybrids

The Problem of Sudden Stoppage While Driving Makes Toyota Recall 2.4 Million Prius Hybrids

October 11, 2018October 24, 2018Ben Parker

Toyota is calling back close to 2.4 million Prius Hybrid cars all over the world, which could have a sudden stop while driving. The automaker from Japan said on Friday that the recall affects around 807,000 Toyota Prius cars in the U.S. It covers the Prius Hybrids from the year 2010 to 2014 and some […]

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Unilever Changes Stance on Closing down Their Headquarters in London

Unilever Changes Stance on Closing down Their Headquarters in London

October 10, 2018October 24, 2018Ben Parker

The consumer products giant, Unilever, has changed their stance by giving up on plans to close down London headquarters. This decision has come about owing to the criticism from shareholders out of a move to make their corporate structure simpler. In March, the Company announced that they would, Rotterdam in the Netherlands, their only headquarters. […]

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Short Seller David Einhorn Compares the Current State of Tesla to Lehman Brothers

Short Seller David Einhorn Compares the Current State of Tesla to Lehman Brothers

October 9, 2018October 24, 2018Ben Parker

David Einhorn is a prominent investor, and he has bet big against the stock of Tesla. Now, the short seller, in a letter to his fund’s shareholders on Friday has compared Tesla to Lehman Brothers, the investment bank that famously collapsed ten years back. In the letter, Einhorn wrote that there are a number of […]

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The US Wage Growth is Negatively Impacted by Inflation, Report

The US Wage Growth is Negatively Impacted by Inflation, Report

August 11, 2018October 22, 2018Ben Parker

It was reported earlier that the US Economy is blooming when compared to the time before. There was also an impressive addition of jobs, for that matter. However, despite all these, wage growth in the United States is not seeing any noticeable change. In fact, the growth of wage in the past year is not […]

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BMW Increases the Price of Its US-Made SUVs in China

BMW Increases the Price of Its US-Made SUVs in China

August 1, 2018October 22, 2018Ben Parker

BMW has announced that it is increasing the price of US-made SUVs in China. This move comes after China made its decision to increase the tariff on products imported from the United States. X5 and X6 models from BMW will be facing the immediate impact of the price hike, with a respective price hike of […]

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Amazon Now Takes on Apple in the Race to $1 Trillion with Their Stock Price Hitting Record High

Amazon Now Takes on Apple in the Race to $1 Trillion with Their Stock Price Hitting Record High

July 28, 2018October 22, 2018Ben Parker

Amazon have hit a record high on Friday after the global online retailer went on to post really strong earnings for the second quarter, then what was actually expected and also said that their cost-cutting in an aggressive fashion along with the business having higher margin would go on to deliver forecast, which is going […]

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An Urgent Meeting Has Been Called by the FCA Board to Find the Successor to Marchionne

An Urgent Meeting Has Been Called by the FCA Board to Find the Successor to Marchionne

July 22, 2018October 22, 2018Ben Parker

FCA Board had called the boards of Fiat Chrysler, CNH Industrial, and Ferrari over for urgent meetings on Saturday in Italy concerning the recent surgery and prolonged recovery of executive Sergio Marchionne. The Free Press informed that they could expect an announcement on the future of Fiat Chrysler on early Saturday afternoon in Detroit. In […]

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Donald Trump Is Set to go for an All-out Trade War against China

Donald Trump Is Set to go for an All-out Trade War against China

July 22, 2018October 22, 2018Ben Parker

The U.S. President, Donald Trump has threatened to get tariffs imposed upon every product that gets imported from China, hence turn the heat on in the trade dispute which is going on between the two economic superpowers of the world. Trump said in an interview that they are down with a tremendous amount, by which […]

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The President of IHOP Reassured That the Company Is still all about the Pancakes

The President of IHOP Reassured That the Company Is still all about the Pancakes

July 21, 2018October 22, 2018Ben Parker

In reality, IHOP had never changed their name but last month’s social media campaign undertaken to promote their new line of burger only had given the impression as if IHOP was the changed name for the company, who dealt only with Pancakes. The President of IHOP, Darren Rebelez has made things clear and hence want […]

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Disney Becomes the Winner As Comcast Gives Up On Buying the Assets of 21st Century Fox

Disney Becomes the Winner As Comcast Gives Up On Buying the Assets of 21st Century Fox

July 21, 2018October 22, 2018Ben Parker

There has been a formal withdrawal of Comcast from their $65 billion bid, which they were competing against to acquire 21st Century Fox, thereby conceding the rights to the entertainment company to Disney’s hiked offer of $71.3 billion. Comcast has said that it would instead shift all the focus towards their ongoing efforts for acquiring […]

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